In a news release on Tuesday, the police said that they received a report on Sunday that a 63-year-old man allegedly used a counterfeit S$100 note to buy a lottery ticket along Ubi Road.

123betThrough follow-up investigations, officers from the Commercial Affairs Department arrested the man. 

Another counterfeit S$100 — as well as drug-related paraphernalia — were found in his possession as well.

If convicted of forging or counterfeiting currency or bank notes, the 44-year-old man can be jailed for up to 20 years and fined.

The police warned that they take a serious view of anyone found criminally involved in counterfeit currency.

Anyone found guilty of using counterfeit currency and passing them off as genuine can be jailed for up to 20 years and fined.123bet

Those in possession of forged or counterfeit currency or bank notes can be fined and jailed for up to 15 years.

If convicted of making or possessing instruments or materials for forging or counterfeiting currency or bank notes, a person can be fined and jailed for up to 20 years.123bet